In the Ricardian model,comparative advantage is likely to be due to
A) home product taste bias.
B) political pressure.
C) scale economies.
D) labor productivity differences.
E) greater capital availability per worker.
Correct Answer:
Verified
Q8: If labor productivities were exactly proportional to
Q9: Trade between two countries can benefit both
Q10: A nation engaging in trade according to
Q11: According to Ricardo,a country will have a
Q12: The Ricardian model demonstrates that
A)trade between two
Q14: Mahatma Gandhi exhorted his followers in India
Q15: In order to know whether a country
Q16: If a production possibilities frontier is a
Q17: In a two- product,two- country world,international trade
Q18: Which of the following statements is TRUE?
A)Free
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